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Filing year 2023

THE ASME FOUNDATION INC

New York, New York·EIN 13-3372934·NTEE U40 · Science & Technology·501(c)(3)
Total revenue
$6.2M
Total assets
$37.8M
Total expenses
$4.5M
Reported officers
9
Mission

THE ASME FOUNDATION, INC. THROUGH GENEROUS SUPPORT OF THE ENGINEERING COMMUNITY, FUNDS PROGRAMS IN K-12 STEM EDUCATION, STUDENT AND EARLY CAREER DEVELOPMENT, ENGINEERING FOR GLOBAL DEVELOPMENT, AND PUBLIC POLICY.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Science & Technology organizations nationwide.

Director, Ex-officio
Board Member
Above 90th percentile
$854k
$958k
Treasurer
Officer (Unspecified)
$63k
$71k
Executive Director
10th to 25th percentile
$50k
$56k
Former Interim Exec. Director
Former Officer/director/trustee
25th percentile to medianvs all sectors nationwide
$32k
$36k
Secretary
Secretary (Operational)
Below 10th percentile
$12k
$13k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Science & Technology

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE ASME FOUNDATION INC equaled 19% of the organization's total expenses. The median for science & technology organizations is 9%.

This organization (2023)
19%
Sector median
9%
Middle half of sector
4% to 21%

Based on 1,078 science & technology organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Top compensation, year by year

From $120k in 2022 to $854k in 2023.

$120k
2022
$854k
2023
In today's dollarsEst.
Up 585% in real terms$140k to $958k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 612% from 2022 to 2023, while revenue rose 32%.

$120k in 2022 to $854k in 2023.
  • Chief Executive Officer pay fell 4% from 2022 to 2023.
  • Former Officer/director/trustee pay fell 7% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE ASME FOUNDATION INC

What does the Board Member of THE ASME FOUNDATION INC earn?

In 2023, the Board Member of THE ASME FOUNDATION INC received $853,606 in total compensation. This pay is in the top 10% for Board Member roles among Science & Technology organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at THE ASME FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Science & Technology organizations nationwide, the 2023 pay of the Board Member at THE ASME FOUNDATION INC falls in the top 10%. In 2023, the highest total compensation at THE ASME FOUNDATION INC equaled 19% of the organization's total expenses. The median for science & technology organizations is 9%.

What are THE ASME FOUNDATION INC's revenue and expenses?

In 2023, THE ASME FOUNDATION INC reported $6.2M in total revenue and $4.5M in total expenses on its IRS Form 990.

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